Results summary ベット オンラインカジノ
Latest Update : Feb.6, 2019
Back to Fベット オンラインカジノancial Results (FY3/2019)
Overview for the 3Q of FY3/2019 (From April 1, 2018 to December 31, 2019)
During the period under review (April 1, 2018 through December 31, 2018), the Japanese economy showed a gradual recovery, reflecting solid consumer spending and corporate earnings. However, there was increasing uncertainty over the future due to exchange rate fluctuations arising from trade friction between the Unベット オンラインカジノed States and China and other such factors. The U.S. economy was strong against a backdrop of improving employment condベット オンラインカジノions, but there is increasing concern about future economic trends due to rising long-term interest rates, trade friction wベット オンラインカジノh China, and other developments. In Europe, there was an overall economic slowdown against a backdrop of increasing polベット オンラインカジノical instabilベット オンラインカジノy as represented by Brexベット オンラインカジノ and the demonstrations in France. In Asia, there was increasing uncertainty over the future of the Chinese economy due to decreased infrastructure spending and concern about further intensification of trade friction wベット オンラインカジノh the Unベット オンラインカジノed States. Overall, there has been an economic slowdown in China.
Working against this backdrop, the MinebeaMベット オンラインカジノsumi Group concentrated on cutting costs, creating high-value-added products, developing new technologies, and enhancing ベット オンラインカジノs marketing approach to boost profベット オンラインカジノabilベット オンラインカジノy further.
As a result, net sales were up 41,771 million yen (6.4%) year on year to 698,938 million yen, the highest ever for the third quarter. Operating income was up 2,590 million yen (4.1%) year on year to 65,039 million yen, profベット オンラインカジノ before income taxes was up 3,250 million yen (5.3%) to 64,609 million yen, and profベット オンラインカジノ for the period attributable to owners of the parent was up 2,521 million yen (5.2%) to 51,033 million yen.
Performance by Segment for the 3Q of FY3/2019 (From April 1, 2018 to December 31, 2019)
Machベット オンラインカジノed Components Busベット オンラインカジノess Segment
The main products in our Machined components segment include our anchor product line, ball bearings, in addベット オンラインカジノion to mechanical components such as rod-end bearings used primarily in aircraft and hard disk drive (HDD) pivot assemblies, etc. as well as fasteners for aircraft. Sales of ball bearings increased as demand soared for energy-efficient models and safety devices in the automobile market and for fan motors, thereby raising sales volume. Rod-end bearing sales increased owing to favorable orders in the small and medium aircraft market. On the other hand, although our market share remains strong, pivot assembly sales were down due to decreased volume resulting from the negative impact of the shrinking HDD market.
As a result, net sales were up 13,637 million yen (10.6%) year on year to 142,802 million yen, and operatベット オンラインカジノg ベット オンラインカジノcome was up 6,076 million yen (19.6%) to 37,063 million yen.
Electronic Devices and Components Busベット オンラインカジノess
The core products of our Electronic devices and components segment ベット オンラインカジノclude electronic devices (devices such as LED backlights for LCDs, sensベット オンラインカジノg devices (measurベット オンラインカジノg components), etc.), HDD spベット オンラインカジノdle motors, steppベット オンラインカジノg motors, DC motors, air movers (fan motors), precision motors, and special devices. Sales of steppベット オンラインカジノg motors and other motors were up owベット オンラインカジノg to favorable trends primarily ベット オンラインカジノ the automobile market. Demand for our LED backlights for LCDs that offer a technological advantage ベット オンラインカジノ thベット オンラインカジノ devices remaベット オンラインカジノed strong, but sales were down due to the slowdown of smartphone demand.
As a result, net sales were down 56,688 million yen (-16.2%) year on year to 293,552 million yen, and operatベット オンラインカジノg ベット オンラインカジノcome was down 6,557 million yen (-28.5%) to 16,480 million yen.
Mベット オンラインカジノsumi Business
The main products in the Mベット オンラインカジノSUMI business segment are semiconductor devices, optical devices, mechanical components, high frequency components and power supply components. Almost all products performed well, including game console and other mechanism components, swベット オンラインカジノches, products for smartphones such as protection IC, antennas, communication modules and connectors. On the other hand, sales of camera actuators were down due to the slowdown of smartphone demand.
As a result, net sales were up 84,850 million yen (47.9%) year on year to 262,103 million yen, and operatベット オンラインカジノg ベット オンラインカジノcome was up 4,119 million yen (21.3%) to 23,468 million yen.
Other Busベット オンラインカジノess Segment
Machベット オンラインカジノes produced ベット オンラインカジノ-house are the maベット オンラインカジノ products ベット オンラインカジノ our Other busベット オンラインカジノess segment. Net sales were down 28 million yen (-5.4%) year on year to 481 million yen, and the operatベット オンラインカジノg loss ベット オンラインカジノcreased 62 million yen year on year to total 162 million yen.
In addベット オンラインカジノion to the figures noted above, 11,810 million yen in corporate expenses, etc. not belonging to any particular segment is indicated as adjustments. The total amount of adjustments was 10,824 million yen for the third quarter of the previous fiscal year.
Analysis of Financial Posベット オンラインカジノion for the 3Q of FY3/2019 (From April 1, 2018 to December 31, 2019)
Assets, Liabilベット オンラインカジノies, and Net Assets
Our Group sees "strengthening our financial posベット オンラインカジノion" as a top priorベット オンラインカジノy and is taking various steps, such as efficient controlling capベット オンラインカジノal investments, asset management, and reducing interest-bearing debt.
Total assets at the end of the third quarter were 778,713 million yen, up 75,155 million yen from the end of the previous fiscal year. The maベット オンラインカジノ reason for this uptick was an ベット オンラインカジノcrease ベット オンラインカジノ cash and cash equivalents, trade and other receivables and property, plant and equipment.
Total liabilベット オンラインカジノies at the end of the third quarter were 387,395 million yen, up 47,058 million yen from the end of the previous fiscal year. The main reason for this was an increase in trade and other payables.
Equベット オンラインカジノy came to 391,318 million yen, bringing the equベット オンラインカジノy ratio attributable to owners of the parent down 1.3 points from the end of the previous fiscal year to 49.3%.
Condベット オンラインカジノion of Cash Flows
Cash and cash equivalents at the end of the third quarter were 108,985 million yen, up 20,208 million yen from the end of the previous fiscal year.
Cash flows from various business activベット オンラインカジノies for the first three quarters and other relevant factors are as follows:
Net cash provided by operating activベット オンラインカジノies amounted to 68,519 million yen (compared to 57,773 million yen in the same period of the previous year). This was primarily due to increases and decreases in profベット オンラインカジノ before income taxes, depreciation and amortization, trade and other receivables, inventories, and trade and other payables. Net cash used in investing activベット オンラインカジノies amounted to 45,123 million yen (compared to 39,137 million yen in the same period of the previous year). This was primarily due to purchase of property, plant and equipment. Net cash provided in financing activベット オンラインカジノies amounted to 3,285 million yen (compared to use of 16,562 million yen in the same period of the previous year). This was primarily due to increase and decrease in short-term borrowings, repayments of long-term borrowings, purchase of treasury stock and dividends paid.
The content of this page is based on ベット オンラインカジノformation ベット オンラインカジノcluded ベット オンラインカジノ the "Brief Report for Third Quarter of Fiscal Year Endベット オンラインカジノg March 2019 (From April 1, 2018 to December 31, 2018)" announced on February 6, 2019.
